Sold
2812 Ocean Blvd
Corona del Mar CA, 92625
$5,700,000
$872.36 per sqft
Sold
0.15 Acres
Land
Listed by SCOTT LISSOY with Scott Lissoy, Broker 949-224-1970
Price Just Reduced $1.2M & Back On Market After Falling Out of Escrow (Priced almost $500k less than adjacent lot at 2808 Ocean Blvd. which just sold for $6.279M (MLS #NP22179960) - LOCATION LOCATION LOCATION - Incredible opportunity to build a new custom home at a coveted Ocean Blvd address directly across from Lookout Pointe overlooking the Pacific Ocean and Newport Beach harbor with excellent proximity to Pirate's Cove Beach access. 2812 Ocean Blvd. is a place to call home. Lot dimensions are approximately 44.5' wide with varied lengths of 152.25' and 171.75'. 2812 was previously approved for and permitted for construction of a 5,924 square foot custom residence with an entertainment room with full sized bar, covered spa, triple row theater and game room accessed via an elevator, 5 bedrooms (all with an en suite bathroom) and a powder room for a total of 6 bathrooms, an office and an oversized 3 car garage. Permit fees and development fees were previously paid and many (but not all) of the fees may apply to new construction. House plans are not included with the sale. Lender has reduced the price significantly to sell the lot; offers will be responded to quickly. Don't miss out on an opportunity that may not be seen in the market again for generations.
Disclosure: Property is subject to a maximum height deed restriction and the previously approved home plans presumably comply. Property is Lender Owned REO. All stated square footages are approximate and Buyers are to satisfy themselves as to the utility of the lot and deed restriction. Do not make an offer to buy this lot unless Buyer understands and is prepared to build a home that is within the height limits (single story home at sidewalk grade with allowable subterranean indoor and outdoor living space). Information on the deed restriction is readily available.
IV21011816
MLSⓇ ID
January 19, 2021
Listed
March 23, 2024
Updated
Map
2812 Ocean Blvd
Corona del Mar CA, 92625
Exterior/Building Features
Lot Size
0.15 Acres
Lot Features
0-1 Unit/Acre, Bluff, Sloped Down, Front Yard, Gentle Sloping, No Landscaping, Near Park, Paved, Value In Land
Sewer
Public Sewer
Other Property Details
Area Name
CS - Corona Del Mar - Spyglass
Days on Market
657
Garage
No
View
Yes
View Description
Bay, Bluff, Catalina, Coastline, Park/Greenbelt, Harbor, Landmark, Ocean, Panoramic, Pier, Rocks, Trees/Woods, Water
County
Orange
Water Source
Public
Pool
No
Waterfront
Yes
Zoning
SFR
Buyer Agency Compensation
2.25%
Listing Contact: 949-224-1970
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:35 AM UTC